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James Hardie Industries Announces Quotation of New Securities

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James Hardie Industries Announces Quotation of New Securities

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The latest update is out from James Hardie ( (AU:JHX) ).

James Hardie Industries PLC has announced the application for the quotation of securities on the Australian Securities Exchange (ASX). The announcement includes the issuance of 120 CHESS Depositary Interests under an employee incentive scheme, which are not subject to transfer restrictions. This move is part of the company’s ongoing efforts to enhance employee engagement and align their interests with corporate performance, potentially impacting its market positioning positively.

The most recent analyst rating on (AU:JHX) stock is a Buy with a A$37.20 price target. To see the full list of analyst forecasts on James Hardie stock, see the AU:JHX Stock Forecast page.

More about James Hardie

James Hardie Industries PLC operates in the building materials industry, primarily focusing on the production of fiber cement products. The company is known for its innovative solutions in construction materials, catering to both residential and commercial markets globally.

Average Trading Volume: 2,400,126

Technical Sentiment Signal: Sell

Current Market Cap: A$19.85B

Learn more about JHX stock on TipRanks’ Stock Analysis page.

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